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Cryptocurrency discussions / Re: Shitcoins and failed crypto projects are caused by exchanges
« on: May 29, 2022, 05:42:27 AM »
Usually they charge fees to projects and get a massive tranche of tokens in exchange as well.
Then liquidate those over the next month or so.
The winner are the ones that time buying ahead of listing. By the time it is listed people are playing the volatilibty.
Last time I looked almost everything listed that wasn't a heavily-funded mainstream project was down-and-to-the-right over the next year.
And so many meme coins (the polite terms for another phrase...)
Then liquidate those over the next month or so.
The winner are the ones that time buying ahead of listing. By the time it is listed people are playing the volatilibty.
Last time I looked almost everything listed that wasn't a heavily-funded mainstream project was down-and-to-the-right over the next year.
And so many meme coins (the polite terms for another phrase...)